Legal Opinion

Johnston v. Sunwest Bank of Grant County

New Mexico Supreme Court

Decided October 26, 1993No. 20980, 21115PublishedCited by 7 opinions

1Opinion of the Court

OPINION

FRANCHINI, Justice.

These consolidated appeals arise from litigation concerning the ownership of a joint bank account and the possible liability of a bank when a subsequent party is added to the account without notice to all parties listed in the original account. In the first case we determine that the trial court erred when it concluded that Patricia Johnston had an ownership interest in the joint account at the time Grover Walker closed the account and purchased a certificate of deposit in his and Anna Walker’s name. In the second case we determine that Sunwest Bank of Grant County’s…

2Cases cited9 opinions

  1. Pharmaseal Laboratories, Inc. v. GoffeNew Mexico Supreme Court · 1977
  2. Koenig v. PerezNew Mexico Supreme Court · 1986
  3. Gardner-Zemke Co. v. StateNew Mexico Supreme Court · 1990
  4. Carroll v. HahnMissouri Court of Appeals · 1973
  5. Dow v. Chilili Cooperative Ass'nNew Mexico Supreme Court · 1986

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3Cited by7 opinions

  1. Sunwest Bank of Albuquerque, N.A. v. ColucciNew Mexico Supreme Court · 1994
  2. McNeill v. Rice Engineering & Operating, Inc.New Mexico Court of Appeals · 2003
  3. Gonzalez v. Performance Painting, Inc.New Mexico Supreme Court · 2013
  4. Alcantar v. SanchezNew Mexico Court of Appeals · 2011
  5. Bank of New York v. Regional Housing Authority for Region ThreeNew Mexico Court of Appeals · 2005

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